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Blacksmiths Lane is a residential street with 14 addresses.
It ranks as the 408th largest and 340th most expensive of the 609 streets in the NG23 area. The dominant property type is a modern house built after 1980.
The street contains a total of 14 properties: 14 houses.
Blacksmiths Lane is a residential street with 14 addresses.
It ranks as the 408th largest and 340th most expensive of the 609 streets in the NG23 area. The dominant property type is a modern house built after 1980.
The street contains a total of 14 properties: 14 houses.
Sale prices range from £185,983 for 3 bedroom freehold houses with a garden (766 ft2) to £620,547 for 5 bedroom freehold houses with a garden (2,841 ft2) .
Monthly rental prices range from £1,054 pcm for 3 bed houses to £2,148 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 6.8%.
The average value per square foot is £261.
The last sale on Blacksmiths Lane sold for £650,000 on 19th October 2022. Since then prices are down an average of 0.8%.
The current average value in the street is £398,815.
The Blacksmiths Lane Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £398,815 |
| May 2025 | 0.9% | £404,094 |
| May 2024 | -0.1% | £400,461 |
| May 2023 | 1.2% | £400,828 |
| May 2022 | 9.8% | £395,947 |
| May 2021 | 7.3% | £360,539 |
| May 2020 | 1.7% | £335,992 |
| May 2019 | 1% | £330,312 |
| May 2018 | 6.3% | £327,161 |
| May 2017 | 4.6% | £307,800 |
| May 2016 | 3.7% | £294,165 |
| May 2015 | 5.2% | £283,708 |
| May 2014 | 4.4% | £269,649 |
| May 2013 | 2.1% | £258,337 |
| May 2012 | 1.3% | £253,050 |
| May 2011 | -0.4% | £249,891 |
| May 2010 | 5.8% | £250,958 |
| May 2009 | -9.1% | £237,238 |
| May 2008 | -3.1% | £260,937 |
| May 2007 | 0% | £269,372 |
The current average rental value in the street is £1,481.
The Blacksmiths Lane Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,481pcm |
| May 2025 | 3.2% | £1,454pcm |
| May 2024 | 6.5% | £1,409pcm |
| May 2023 | 9.6% | £1,323pcm |
| May 2022 | 3.9% | £1,207pcm |
| May 2021 | 4.1% | £1,162pcm |
| May 2020 | 1.2% | £1,115pcm |
| May 2019 | 3.2% | £1,102pcm |
| May 2018 | 1.5% | £1,068pcm |
| May 2017 | 3.6% | £1,052pcm |
| May 2016 | 4.6% | £1,016pcm |
| May 2015 | 0.6% | £971pcm |
| May 2014 | 3.3% | £966pcm |
| May 2013 | 1.3% | £935pcm |
| May 2012 | 2.1% | £923pcm |
| May 2011 | 0.4% | £904pcm |
| May 2010 | 1.6% | £900pcm |
| May 2009 | -2% | £886pcm |
| May 2008 | 1.1% | £905pcm |
| May 2007 | 0% | £895pcm |
The last sale was on 19th October 2022 for £650,000 and since then the market in the area has decreased by 0.8%. The street has had a total of 19 sales since 1995.
Blacksmiths Lane, Kelham, Newark, NG23 has seen no sales in the last three years and no sales in the last twelve months.
Blacksmiths Lane, Kelham, Newark, NG23 is the 408th largest and the 340th most expensive street in the NG23 area.
There is 1 postcode on Blacksmiths Lane, Kelham, Newark, NG23.
The closest station to Blacksmiths Lane, Kelham, Newark, NG23 is Newark Castle station which is 2.6 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Blacksmiths Lane, Kelham, Newark, NG23, 45.5% of property is privately owned outright and 35.2% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Blacksmiths Lane, Kelham, Newark, NG23, 16.3% of residents are recorded as possessing school level qualifications and 39.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Blacksmiths Lane, Kelham, Newark, NG23, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Blacksmiths Lane, Kelham, Newark, NG23, 2.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Blacksmiths Lane, Kelham, Newark, NG23, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.